Turkey's stainless flat steel imports up 30.59 percent in Jan-Nov

Thursday, 09 January 2014 17:24:38 (GMT+3)   |   Istanbul

In November last year, Turkey's stainless flat steel imports decreased by 0.48 percent compared to the previous month to 39,445 metric tons, following the 4.95 percent month-on-month decrease recorded in October, according to the data provided by the Turkish Statistical Institute (TUIK). The country's stainless flat steel imports were up 31.74 percent on year-on-year basis in November. The value of these imports was $88 million, decreasing by 1.35 percent as compared to October and up 17.22 percent year on year.

In the first 11 months of 2013, Turkey's stainless flat steel imports amounted to 429,888 million metric tons, increasing by 30.59 percent, with a value of $1.01 billion, up 19.04 percent, both year on year.

In November 2013, Turkey's stainless flat steel imports from Taiwan increased 13.19 percent year on year and the country ranked as the top source for Turkey's stainless flat steel imports. Meanwhile, in January-November period of last year  Turkey's stainless flat steel imports from Taiwan increased by 10.79 percent, S. Korea's imports rose 77.89 percent and Italy's imports rose 80.33 percent, all on year-on-year basis. 

Turkey's top 10 stainless flat steel import sources in the first 11 months of last year are as follows:

Country Amount (mt)      
  Jan-Nov. 2013 Jan-Nov. 2012 Nov. 13 Nov. 12
Taiwan 87,345 78,841 8,361 7,387
S. Korea 74,461 41,858 4,632 2,837
Italy 42,727 23,694 7,179 2,812
China 42,461 29,586 5,567 2,431
Germany 37,330 37,308 2,510 2,241
Finland 36,086 19,291 1,828 2,523
Belgium 22,304 23,88 2,028 1,846
India 16,685 6,899 1,748 1,350
S. Africa 16,254 5,972 672 433
France 14,421 15,954 1,223 1,534

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